"For the first time in decades, Washington is daring to tackle financial reform. It took the collapse of the whole sector and the resulting public outrage to get them started, and it will take pressure to keep them going. It’s not certain that Congress and the Obama administration will have the courage to prioritize the long-term health of our economy and the legitimate interests of the public over the self-serving demands of their friends on Wall Street.

Three steps are essential: regulating executive compensation, separating financial “casino” activities from regular banking, and creating a consumer financial protection agency."

Read the full article in The Register Citizen.